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To: Taikun who wrote (51175)	6/21/2004 4:26:46 PM
From: Pogeu Mahone	Respond to of 74559

<<The statistics don't tell you this.>> don`t you think you should have made this post to this thread because it has me howling:) Subject 7983 <<Now: $550,000 Who buys? Two homosexual male or females-DINKS, with no kids (so throw away the cost of children in the median income analysis) and with a median household income of about $75,000/yr in San Francisco. So, these houses are not Ttat expensive. Take the Muni (above-ground rail system, not the cable cars or BART) in and you don't run two cars-saving $10,000/yr.>> <<Then there's the immigrants, the Koreans bringing lots of cash in to LA to start a business and buy a home. With tax rates lower in Korea they arrive cash rich.>> <<Finally, there is the underground economy. One of the reasons for CA's top marginal state income tax rate of 10% (here in WA state where I live there is no state income tax) is that the est. 5-6m illegal, mostly Hispanic/Mexican workers in the farms of the Central Valley (the food breadbasket of the US) and places like the Napa & Sonoma Vineyards and the textile factories of LA pay no taxes and the border towns (National City, San Ysidro) of San Diego (there is another US immigration 30mins N of San Diego on I-5-all cars must stop-to keep out illegal immigrants out AND to keep illegal workers in the US-side bordertown factories from migrating N on I-5), the state gives them a drivers license no questions asked, they visit ER and get free medical when they get sick (this is where part of the 10% state income tax goes-the hospitals can bill/write off with the state).>>